Ng Energy International Corp · TSX:GASX
Ng Energy International — Investor Presentation (November 2024)
23 slides from Ng Energy International's investor presentation, November 2024
Slide 1: Domestic Supply for the Energy Transition in the Americas
Domestic Supply for the Energy Transition in the Americas Corporate Presentation TSX.V: GASX OTC: GASXF FRA: SGP November 2024
Slide 2: Legal Disclaimer
Legal Disclaimer ‘This presentation of NG Energy International Corp. (the “Company” or "NG")is for information only and shall not constitute an offer to buy, sell issue or subscribe for, or the solicitation of an offer to buy, sell or issue or subscribe for any securities in any jurisdiction in whic
Slide 3: Legal Disclaimer: Hydrocarbon Estimates
Legal Disclaimer Discl jer Regarding Hydrocarbon Estimat "Management estimates” represent management's evaluation and estimation of data based on internal evaluations and modelling and by their nature have ‘not yet been reviewed by an independent qualified reserves evaluator or auditor in compliance
Slide 4: Legal Disclaimer
Legal Disclaimer A qualitative measure of the certainty levels pertaining to estimates prepared for the various reserves categories is desirable to provide a clearer understanding of the associated risks and uncertainties. However, the majority of reserves estimates will be prepared using determinis
Slide 5: Why NG Energy
WHY NG ENERGY 18 MONTH PRODUCTION PLAN 17.9 MMcf/d 45 MMcf/d 60 MMcf/d 136 MMcf/d CURRENT 2024 EXIT INFRA CAPACITY INFRA CAPACITY PRODUCTION3 PRODUCTION1 INCL. SN9 PHASE 14 INCL. SN9 Expansion5 RESERVES & RESOURCES 2 304.8 BCF USD $466.8M NPV10% 51.7 BCF 161.6 BCF 195.8 BCF 184.0 BCF $97.4M $259.7M
Slide 6: Strategy & Vision: Production Profile & Growth Potential
STRATEGY & VISION NGE PRODUCTION PROFILE & GROWTH POTENTIAL1 $430M pa Revenue @ $8/Mcf $250M pa 200 MMcf/d Revenue @ $8/Mcf $133M pa MMcf/d 136 MMcf/d Revenue @ $8/Mcf $43M pa Revenue @ $8/Mcf 60 MMcf/d 20 MMcf/d +200% +127% FFO @ $8/Mcf $13M $60M $120M $200M
Slide 7: Reserves & Resources
RESERVES & RESOURCES RESERVES & RESOURCES GROWTH NPV10 USD$ SENSITIVITY TO GAS PRICE & CLASSIFICATION UPGRADE 700 $1.8B 600 $1.6B $1.4B 500 $1.2B 400 $1.0B Bcf 300 $800M $600M 200 $400M 100 $200M 0 $0 SPROULE 2022 SPROULE 2023 US $5.00 US $6.00 SPROULE US $7.00 US $8.00 US $9.00 US $10.00 / MCF / MC
Slide 8: About NG Energy: Management & Insiders
ABOUT NG ENERGY 32% 83% MANAGEMENT HELD BY INSIDERS , CLOSE ASSOCIATES & INSIDERS & MACQUARIE GROUP
Slide 9: Colombia Gas Market
COLOMBIA GAS MARKET • • ↓ • • • • • • • •
Slide 10: Colombia Gas Market: Supply Shortfall
COLOMBIA GAS MARKET 7% 12% 30% BELLENA CHUCHUPA 1974 1974 Decline in Proven SHORTFALL SHORTFALL Reserves Per BY 20252 BY 20262 Year1 CUSIANA 1996 Currently, Columbia only has 6.1 years remaining in Reserves
Slide 11: The Colombia Energy Market
COLOMBIA GAS MARKET THE COLOMBIA ENERGY MARKET BALANCE NATIONAL SUPPLY PARENTAL DEMAND1 HISTORICAL VOLATILITY OF QUARTERLY AVERAGE PRICE2,3 MONTHLY GAS PRICES2,3
Slide 12: Current Portfolio
CURRENT PORTFOLIO TIBURON MARIA CONCHITA PROMIGAS PIPELINE SINU-9 MARIA TGI PIPELINE CONCHITA BARRANQUILLA CARTAGENA • • SINU-9 • • • • TIBURON 100 KM
Slide 13: Sinu-9
BASIN TARGET WORKING INTEREST MARKET 10 KM SINU-9 SINU-9 PROMIGAS PIPELINE MAGIC0-1X Receiving 15 MMcf/d HECHIZO Station CPF-1 JOBO STATION MILAGROSO 40 MMcf/d MAGO BRUJO-1X HECHICERO 51 MMcf/d
Slide 14: Sinu-9
SINU-9 GROSS LITHOLOGY THICKNESS POROSITY PERMEABILITY NET PAY ZONE 1 239 ft 24.7% 650 mD 36 ft ZONE 2 286 ft 24.2% 500 mD 104 ft ZONE 3 469 ft 25.4% 425 mD 208 ft ZONE 4 337 ft 18.2% 220 mD 101 ft ZONE 5 765 ft 18.2% 180 mD 11 ft
Slide 15: Sinu-9 Reserves and NPV
SINU-9 26.7 BCF 114.4 BCF 245.3 BCF US$22.0M NPV*10% US$150.3M NPV*10% US$331.0M NPV*10% 130.2 BCF US$78.5M NPV10% $3.99 / Mcf Expected online H2 2024 30.0 MMcf/d Q4-24, 40.0 MMcf/d Q1-25 2024 WORK PROGRAM 4
Slide 16: Sinu-9 Expansion
SINU-9 EXPANSION SINU-9 INFRASTRUCTURE CAPACITY 120 90 ✓ 60 ✓ 30 0 ✓ CURRENT UNDER MOU POTENTIAL ✓ CAPACITY CAPACITY CAPACITY ✓ SINU-9 DRILLING PROGRAM 24-Month ✓ 12 Drilling Program ✓ 9 6 ✓ 3 ✓ ✓ 0 CURRENT UNDER MOU POTENTIAL DEVELOPMENT DEVELOPMENT
Slide 17: Maria Conchita
BASIN TARGET WORKING INTEREST MARKET 4 KM MARIA CONCHITA TGI PIPELINE MARIA CONCHITA TINKA-1 PIPELINE CONNECTION 14KM ARUCHARA-1 ARUCHARA-4 ARUCHARA-3
Slide 18: Maria Conchita Reserves and NPV
MARIA CONCHITA ARUCHARA-1 ARUCHARA-3 TINKA-1 25.0 BCF 47.2 BCF 59.5 BCF US$75.4M NPV*10% US$109.4M NPV*10% US$135.8M NPV*10% H2 TINKA RESERVOIR MAIN RESEVOIRS (H1 & H2) 65.6 BCF US$69.9M NPV10% $3.48 MCF 17.9 MMcf/d 2024 20.0 MMcf/d WORK PROGRAM3
Slide 19: The Numbers
THE NUMBERS MARIA CONCHITA MARIA CONCHITA SUMMARY1,2 MARIA CONCHITA TYPE CURVE SINU-9 SINU-9 SUMMARY1,2 SINU-9 TYPE CURVE
Slide 20: Management & Board of Directors
MANAGEMENT & BOARD OF DIRECTORS BRIAN DON JORGE FONSECA LEONARDO VINCENZO MARIANELLA CARLOS PAES-BRAGA SEWELL CHAUMER CHAVEZ PAGLOINE BERNAL NÚÑEZ DE LEÓN CEO PRESIDENT CFO VP OF SENIOR VP PLANNING SENIOR VP OF FINANCE CHIEF CORPORATE & CHAIRMAN & DIRECTOR OPERATIONS & DEVELOPMENT & COUNTRY MANAGER
Slide 21: Management & Board of Directors
MANAGEMENT & BOARD OF DIRECTORS BRIAN RONALD HUMBERTO PATRICIA DON BRIAN PAES-BRAGA PANTIN CALDERON BERTI HERRERA PABA SEWELL O’NEILL CEO DIRECTOR DIRECTOR DIRECTOR PRESIDENT DIRECTOR & CHAIRMAN & DIRECTOR ́
Slide 22: Why NG Energy
WNC ENERGY Growing Production, Cash Flow and Significant Upside Industry leading growth trajectory projected vy Potential for significant reserve and for triple digit production growth over next 2-3 years resource expansion as current reserves and towards a production goal of 200MMcf/d! resources de
Slide 23: Investor Relations
Investor Relations +44 7498 236338 investors@ngenergyintl.com Suite 321, 5940 MacLeod Trail Cl. 93 #12 -14 in) (X) (f#) (@ SW, Calgary, Alberta, T2H 2G4 Edificio Tempo 93 Ofi. 601 Canada Bogota D.C., Colombia +1-604-404-4335 +57-1-7121235
NG Energy International — Investor Presentation (November 2024) on 6ix